Those days will come, but don't go thinking or hoping that it's gonna happen on a consistent basis. It'd be nice if that were the case, but then dreams usually are a lot more pleasant than reality.
I want you using a logical approach when you set your goals. Following are my opinions as to what kind of a return you should be looking for:
a. 100% Return ‑ Way too high. Good chance you can end up losing 90% of the time!
b. 50% Return ‑ Dreamer!
c. 30% Return ‑ Reaching reality, but still a tick too high!
d. 20% Return ‑ More apt to happen on a fairly consistent basis!
e. 10% Return ‑ Intelligent figure. Shouldn't be too difficult to reach. But, of course, will be frowned upon by you big shots that scoff at this logic!
f. 5% Return ‑ Bingo! A smart, logical, super intelligent and tremendously easy amount to reach!
Digest these figures and see if you can improve on the comments. A lot of you will be turned off by the suggested small amounts and there in lies the problem with most people who gamble. They bring small amounts to battle, looking for big returns. The professional brings big amounts to battle and accepts small returns.
One of these groups is more successful in gambling than the other. I wonder which group. I want you to look for a 20% return on your money. Not because that is what the smartest percentage is, but it probably is as close as I can get most of you to accept and still hold your interest.
So spit out all your disgust at this point, because the next chapters are of the utmost importance and I don't want you reading them in a down pattern. I want you moving into them with an optimistic view.
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